+Economy & Policy | 1423 days ago

So do we want Fed governors to stick around for 14 years or not?

By wpcomimportuser1

King Banaian points out something that Senate Banking Committee chairman Chris Dodd said back in November about why he was holding up confirmation of Randall Kroszner’s re-nomination to the Federal Reserve Board: “There’s one nomination here that would be for somebody [for] 14 years,” Dodd told reporters on a conference call. “We’re frankly getting down [...]